Tag: blockchain

Seattle-based tech giant, Amazon, has been granted a patent which it first filed for in December 2016. The patent entails various techniques to build a proof-of-work (PoW) cryptographic system. The U.S. patent was awarded on Tuesday and outlines how Merkle trees can be generated as a solution to a PoW challenge, among other things. The... Continue Reading →

Samsung has plans to extend blockchain and cryptocurrency features to more phones across its range of Galaxy smartphones. According to a press release on Tuesday, the electronics giant said that its digital wallet app would be available on its range of low-cost models. Further, it said that it would expand crypto features to more jurisdictions.... Continue Reading →

In a blog post, social media giant Facebook made an announcement that it is removing its restrictions on ads related to blockchain technology and cryptocurrency. Prior to this, Facebook had only allowed a limited number of ads which had to be pre-approved to run crypto-related ads. According to the blog: “While we will still require... Continue Reading →

Starbucks is partnering up with Microsoft to realize its bean-to-cup program that it had announced earlier in 2018. Starbucks will use Microsoft’s Azure Blockchain for its coffee bean tracking. The initiative will allow the chain’s customers to trace the journey of the coffee beans used to make their coffee, through Starbucks’ mobile app. The initiative... Continue Reading →

After UNICEF's initiative with blockchain, investing in 6 companies to develop blockchain solutions for global challenges, two more international organizations are considering the use of blockchain and crypto. The efforts of these two organizations will largely be concentrated on educating its members on the technology and the digital currency. According to an announcement made on... Continue Reading →

Yet another country is allowing the listing of blockchain-based securities to its stock exchange. Earlier this month, Jamaica’s principal stock exchange, the Jamaican Stock Exchange got into an agreement with Canadian fintech firm, Blockstation, to enable the live trading of digital assets and security tokens in a regulated secured environment. Now, the Gibraltar Stock Exchange... Continue Reading →

Taiwan is yet another nation in South-East Asia where cryptocurrency and blockchain technology is being considered as a means to develop the nation’s economy and technological progress. The nation of Taiwan is pro-technology and is heavily investing in cryptocurrency and blockchain technology. Taiwan is hotbed for tech startups focusing on blockchain, IoT and AI. While... Continue Reading →

There was a time when Bitcoin was the only cryptocurrency existed and for a long time, it was all that anyone cared about. Doing any cryptocurrency transactions meant that you were dealing with bitcoins and everything was very clear cut and easy to understand. But as cryptocurrency and blockchain technology continued to evolve and grow,... Continue Reading →

It’s hard to imagine now that there was once a time when barely anyone cared about blockchain. Bitcoin had started to gain momentum but the technology behind it was rarely every part of conversation out the hardcore tech forums. This trend has completely changed in the past couple of years and now blockchain is one... Continue Reading →